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KEMPTHORNE, PROSSER AND COMPANY.

The directors of Kempthorne, Proses, and Company, in their 48th annual report state that they recommend the available profits- be dealt with as follows:—Unappropriated balance brought forward from profit and loss account last year was £23,----342 7s 6d; add net profit this'year; £57,134 9s 4d, total,- £90,476 16s lOd; less interim dividend for the half year to" 31st July, 1926, at 4% per cent., £20,942 15s, leaving to be dealt with £59,534 la lOd. This the directors propose to apply as follows: Dividend of 3% per cent, and bonus of 2 per cent., making J.O per cent, for "the year; place to general reserve,, £6000, contribute to staff provident fund, £1000 i and carry forward £25,177 4s sd. Messrs; A. Bathgate and F. W. Mitchell, retiring directors, offer themselves for re-election.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19270314.2.132.13

Bibliographic details

Evening Post, Volume CXIII, Issue 61, 14 March 1927, Page 11

Word Count
135

KEMPTHORNE, PROSSER AND COMPANY. Evening Post, Volume CXIII, Issue 61, 14 March 1927, Page 11

KEMPTHORNE, PROSSER AND COMPANY. Evening Post, Volume CXIII, Issue 61, 14 March 1927, Page 11